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Keyword: paramountglobal

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  • Paramount, CBS forced to pay eight-figures, change editorial policy in settlement with President Trump

    07/01/2025 9:17:04 PM PDT · by NoLibZone · 30 replies
    Fox News ^ | 60minutrs
    Paramount Global and CBS agreed on Tuesday to pay President Donald Trump a sum that could reach north of $30 million to settle the president’s election interference lawsuit against the network. Trump will receive $16 million upfront. This will cover legal fees, costs of the case, and contributions to his library or charitable causes, to be determined at Trump’s discretion. There is an expectation that there will be another allocation in the mid-eight figures set aside for advertisements, public service announcements, or other similar transmissions, in support of conservative causes by the network, Fox News Digital has learned. Sources close...
  • Pressure mounting on Paramount from CBS stars, Dem lawmakers as company considers settling $20B Trump lawsuit

    05/10/2025 8:23:17 AM PDT · by Libloather · 21 replies
    Fox News via NY Post ^ | 5/09/25 | Joseph A. Wolfsohn
    Pressure is mounting on Paramount Global from both the inside and outside as it considers settling a high-stakes lawsuit brought by President Donald Trump. Lawyers for Trump and Paramount entered mediation last week, signaling the company’s potential willingness to resolve the whopping $20 billion suit filed by Trump accusing CBS News of election interference over its handling of the “60 Minutes” interview last year with then-Vice President Kamala Harris. That interview, which was part of a primetime election special that also featured her Democratic running mate, Minnesota Gov. Tim Walz, earned an Emmy nomination last week for Outstanding Edited Interview....
  • CBS News Boss Adrienne Roark Exits After 7 Months

    02/19/2025 11:43:50 AM PST · by abb · 14 replies
    The Wrap ^ | February 19, 2025 | Sean Burch
    Adrienne Roark, CBS News’ president of editorial and newsgathering, is leaving the company for a senior position at Tegna. Her exit comes just seven months after being named president of the operation. Her departure comes at a time when CBS is facing a $20 billion lawsuit from President Trump, who has claimed CBS and “60 Minutes” deceptively edited an interview with Kamala Harris leading up to the 2024 election. Roark’s exit also comes as Paramount Global, the parent company of CBS, and Skydance Media are moving closer towards a planned merger — a deal that was given the green light...
  • Bloodbath at Paramount claims 800 jobs including CBS News journalists embroiled in controversy

    02/13/2024 1:37:53 PM PST · by Tench_Coxe · 41 replies
    Several CBS News reporters were caught up in layoffs at Paramount Global that claimed 800 jobs, including one who is embroiled in a high-stakes First Amendment fight — and another who has reportedly weathered HR probes over his workplace behavior, The Post has learned.Catherine Herridge — an award-winning senior correspondent whose First Amendment case is being closely watched by journalists nationwide — was among the hundreds of employees at CBS parent Paramount who got pink slips on Tuesday, sources told The Post.